| Latest Commentary: | Volume VI, Number 117 |
|
Clash Ahead on Federal Spending Priorities -- The US Federal government is likely to spend almost $3 trillion (that’s $3,000,000,000,000) in the fiscal year that starts on Monday. With so much money floating around, one would think that there’s more than enough for everyone. Clearly, Washington big shots don’t agree because the Congress and the White House are about to have a major fight over spending.
Pakistani Supreme Court OKs Musharraf’s Re-Election Bid -- The situation in Pakistan, the Real Central Front in the War on Terror, just got a bit more dangerous earlier this morning. In a 6-3 decision, the Supreme Court of Pakistan dismissed opposition challenges to the candidacy of General President Parvez Musharraf for re-election while still head of the army. Some segments of the not-yet-united opposition (despite the existence of the All Parties Democratic Movement [APDM]) have cried “foul,” but there is little now standing in the General President’s path to another term in office. Then, the unrest will get serious. GM, UAW Make Strike-Ending Deal -- It only took General Motors and the United Auto Workers a couple of days to settle what could have been a disastrous strike. In exchange for job and investment guarantees, GM will be able to remove the employee and ex-employee healthcare liability from its books, transferring it to a union-controlled trust fund that GM will establish. Analysts have used the word “landmark” to describe the settlement. Sloppy Reportage in Unapproved Drugs Story -- The US media threw a needless scare into an already jumpy American population by reporting that “Doctors write 65 million prescriptions each year for unapproved drugs,” and “These drugs were never approved by the US Food and Drug Administration.” This is not entirely accurate, and the hype behind it follows the mantra, “If it bleeds, it leads.” Closer analysis, which a good editor should demand if a good reporter won’t do it independently, shows a much different situation. © Copyright 2007 by The Kensington Review, Jeff Myhre, PhD, Editor. No part of this publication may be reproduced without written consent. Produced using Fedora Linux. |
|
